Citizens Savings Bank Clarks Summit Overview and Banking Information

Citizens Savings Bank Clarks Summit offers a range of personal banking services, including checking and savings accounts, as well as mortgage and home equity loan options.

Their personal banking services are designed to meet the needs of individuals and families, with flexible account options and competitive rates.

The bank's mortgage and home equity loan options provide customers with convenient financing solutions for purchasing or refinancing a home.

Their experienced lending team is dedicated to helping customers achieve their financial goals, with a focus on personalized service and expert advice.

Citizens Savings Bank offers a wide range of personal banking services, including checking and savings accounts, mortgage, personal, and auto loans. Their online banking system allows you to manage both personal and business services with ease.

Their Kasasa program offers perks like cash back, money for movies, apps, or music, aside from regular bank account features. This innovative offering sets them apart from other banks.

You can also take advantage of Custom Lending, which provides financing options for various needs, such as investing in real estate or purchasing a vehicle. This flexibility is a major plus for customers.

Online banking at Citizens Savings Bank allows you to make deposits from your phone and automate bill pay. This convenience saves you time and effort.

The bank also offers educational resources to help you make informed financial decisions. These resources include videos to prevent fraud and FAQs about online banking.

Citizens Savings Bank Clarks Summit has a total of $361,117k in assets, which is a significant scale for a local bank. This substantial scale allows the bank to offer a wide range of financial services to its customers.

The bank's financial structure is supported by total liabilities of $310,379k and total equity capital of $50,738k. This breakdown provides valuable insights into the bank's financial stability and risk management strategies.

Total deposits at the bank stand at $309,161k, while net loans and leases are at $296k. These metrics offer a glimpse into the bank's core operations and revenue streams.

A key financial ratio to note is the Tier 1 Risk-Based Capital Ratio, which stands at 29.1751. This ratio is a crucial indicator of the bank's capital adequacy and risk management strategies.

Here's a summary of the bank's financial metrics:

Citizens Savings Bank Clarks Summit was established on January 1, 1902, and has been serving the community for over a century. The bank has a strong community focus and local market presence, which allows it to serve local communities effectively.